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Jintu deal sealed as Gold One hits target

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Gold One International has exceeded its production target for 2011, avoiding a punitive "claw-back' clause which formed part of its takeover by the Jintu-led consortium.

Appeal against MWS’ water licence dismissed

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First Uranium Corporation says the appeal lodged against Mine Waste Solutions' water use licence has been dismissed.

Zambia govt mediating in First Quantum strike

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Zambia's government is mediating to end the strike that has halted production at Canada's First Quantum Minerals flagship copper mine, says the minister of labour.

Iron ore fall raises doubts on Australia tax plan

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Australia's politically charged mining profits tax may raise less of the initial A$11bn Prime Minister Julia Gillard is promising if iron ore prices return to November levels.

Smelters, BHP settle 2012 copper charges

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China's copper smelters and BHP Billiton have settled 2012 term copper concentrate treatment and refining charges at $60 a tonne and 6 US cents a pound.

First Quantum says Zambia strike illegal

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First Quantum Minerals says a strike at its flagship Zambian copper mine is illegal.

Resources give JSE New Year fillip

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The JSE was up more than 2% as stronger commodity prices drove the resources sector higher, although trade was thin.

Gold rises in line with euro recovery

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Gold is rallying and boosted by a rise in the euro against the dollar, after the price hit its lowest in nearly six months last week in a flurry of year-end speculative selling.

Jim Rogers says bearish on gold

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The euro may rebound in the near-term despite the problems affecting continental Europe, as investors are overly bearish on the currency, says investor Jim Rogers.

French nuclear plants need more safety

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France's 58 nuclear reactors are safe, but safety systems must be improved quickly to prepare for extreme situations, says the French nuclear safety authority.